Obama's First 100 Days of Fiscal Insanity, Bigger Government, Bigger Deficits and Bigger Bailouts

Barack Obama's first 100 days in office have been nothing short of fiscal insanity. He has been busier than a mosquito in a nudist colony his first 100 days in office. Unfortunately, for him, being busy doesn't equate with being effective. And trying to make the United States more like France doesn't necessarily represent improvement. "Change," yes, but improvement, no.  

• He promised to eliminate pork.  He lied.
  
• He promised not to hire lobbyists.  He lied.
• He promised not to sign "any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.”  He lied
• He said, “If your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.” The president ignores the already-hiked cigarette tax at the time of the statement and then this restated promise was broken just two days later, when the Obama’s budget proposal was released. His new budget raises 45 percent of its revenue from energy taxes that will be paid by everyone who fills a gas tank, pays an electric bill, or buys anything that was grown, shipped, or manufactured.  He lied
• Then, the biggest whopper of them all:  “Not because I believe in bigger government — I don’t.”

If his goal was to grow the government, he gets an A+.  He has presented budget deficits for the next five years that will surpasse those of all forty-three presidents before him...COMBINED!  He has continued and expanded George W. Bush's ill-conceived bailouts to the point that almost any failed company seemingly has a shot at receiving bailout money from the great bank teller in the sky.   

This is a dangerous societal trend that creates an atmosphere that rewards failure and stupidity, and with the almost certain tax gouges to pay for the deficits, punishes success. This unside down incentive system will not lead to long-term, wide-spread, economic prosperity in the United States.  

The budget Obama proposes for this year increases federal spending by a fiscally insane 34% over the budget adopted for last year, with a total of $3.6 trillion in federal spending, the highest EVER. By Far!

Consider that 2008's budget deficit under Bush last year was under $500 billion, which was an insane all-time record in itself.  Obama's budget this year will by more than triple that amount this year alone at $1.8 trillion.  Every dollar he mentions spending in these ridiculous speeches today, celebrating his first 100 days, he doesn't have!  He's using your credit card, folks.

He wants to takeover our banks and auto companies, oh, and I forgot, your health care too, and run them with the same efficiencies and success that the federal government runs all other bureaucracies.  Think about that.  

Do you feel that burning sensation in your wallet?  It's our president racking up your bill. Guess what's waiting for you in your mailbox! Hint: It's not a stimulus check.